✉news BusinessBanking first seen 12 h ago, last 56 min ago, peak #2
Bank of Japan expands climate lending amid green mandate debate
Original: BOJ ups climate loans as debate swirls on how green central banks should be
The Bank of Japan is increasing its lending scheme that channels funds to banks supporting climate action, a programme first introduced in 2021. The move comes as policymakers and economists argue over how far central banks should go in supporting green goals, with critics warning that climate policy sits outside monetary mandates and supporters arguing financial stability depends on it.
Why now: The BOJ's expanded climate lending lands in the middle of a live global debate over the proper role of central banks in climate policy.
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